Ethereum Climbs to $2,700 Amid Bullish Market Sentiment

Ethereum (ETH) has surged to $2,734, gaining over 55% since early May. Key technical levels are being reclaimed, highlighting the asset's strength amid bullish market sentiment.

ETH is approaching the critical $2,700 resistance zone, historically significant for trend continuation.
A break above this level could lead to higher price targets between $2,900 and $3,000.
Current trading is just below $2,700; a close above this threshold is necessary for confirming bullish momentum.
Strong buyer interest has been noted around the $2,650–$2,670 region during recent dips.
Volume remains steady but not aggressive, indicating cautious optimism among bulls.
If unable to break through $2,700, ETH might retest support levels at $2,570 or $2,540.

The overall chart structure shows favor towards bulls, but confirmation above $2,700 is essential for further upside movement. Ethereum’s performance will be pivotal in aligning with broader altcoin market trends following Bitcoin's all-time high surge.